Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.
Read more 06 Jan 2018
Prosperous New Year 2018
Noble and Delek ready to declare Aphrodite viable The US-based company Noble Energy (Noble) and its Israeli partner […]
Read moreTags: Aphrodite floating production storage and offloading (FPSO) vessel, Aphrodite FPSO, Aphrodite gas field in the Block 12 offshore Cyprus Island, Block 12 Noble and Delek share Aphrodite working interests, Cyprus domestic market, Cyprus Government, Cyprus Island, Cyprus territorial waters, Dalit Tamar and Leviathan gas fields on the Israel, East Mediterranean Gas Company EMG pipeline, Egypt Authorities, Egypt industrial companies, exploration of the Block 12, export Aphrodite natural gas, export Cyprus gas to Egypt, export gas from Aphrodite or Leviathan offshore fields to Egypt, FPSO, giant Leviathan gas field development, Israel and Egypt coast lines, Israel Natural Gas Lines INGL pipelines system, Israel Parliament, Israel territorial waters Levantine Basin, Israeli partner Delek Group (Delek), Leviathan development, liquefied natural gas LNG conversion, LNG, Mediterranean Sea, memorandum of understand (MOU), MoU, natural gas resources, potential reserves of this region of the Mediterranean Sea, US-based company Noble Energy (Noble)
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Posted in One day - One News, One day - One Project | Leave a comment
Statoil and Sinochem add new platform in Peregrino II The state-owned companies Statoil from Norway and Sinochem from […]
Read moreTags: $3.5 billion capital expenditure Peregrino Phase-2, API heavy crude oil, Blocks BM-C-7 and BM-C-47, Campos Basin offshore Brazil, Campos Basin to Brazil National agency of Petroleum Natural Gas and Biofuel ANP, drilling and wellhead platforms A and B, enhanced oil recovery (EOR) techniques, EOR, FEED, floating storage production and offloading FPSO vessel, flow assurance and water injection, foreign companies for exploration and production, FPSO, front end engineering and design (FEED) work, heavy crude oil, horizontal wells, offshore Peregrino field, Peregrino Phase-1, Peregrino Phase-2 project, Peregrino Platform-C, Peregrino post-salt oil and gas fields, plan of development (POD), pre-front end engineering and design (pre-FEED), production wells, recoverable reserves, recoverable resources of oil., Southwest wellhead platform WHP-C, standalone power generation, Statoil from Norway and Sinochem from China, Statoil largest heavy crude oil field Peregrino, Statoil operator, water injection wells, wells
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Posted in One day - One News, One day - One Project | 1 Comment
Premier Oil and KUFPEC move Bream FPSO to FEED The London-based junior company Premier Oil plc (Premier Oil) […]
Read moreTags: 2C resources, barrels of oil equivalent (BOE), BOE, Bream FPSO centric conceptual development scheme, Bream licences PL 407, conceptual study, feasibility study, FEED, FID, final investment decision (FID), floating production storage and offloading (FPSO) vessel., FPSO, Front End Engineering and Design (FEED), Herring prospect, London-based junior company Premier Oil plc (Premier Oil), London-headquartered junior company Tullow Oil plc (Tullow), Mackerel licence PL 406, national oil company (NOC) Kuwait Foreign Petroleum Exploration Company KUFPEC, NOC, offshore Bream and Mackerel oil fields in the Norway Continental Shelf NCS, Phillips Petroleum Company (Phillips), Stavanger Norwegian North Sea, subsea production wells and water injection wells, UK BG Group (BG), upsides reserves such as Herring, water depth
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Posted in One day - One News, One day - One Project | Leave a comment
Husky to qualify Madura MDA-MBH FPU bidders Calgary-based Husky Energy (Husky) and its partners, the state-owned China National […]
Read moreTags: barrels of oil equivalent, BOE, Calgary-based Husky Energy (Husky), capital expenditure, drilled the first wells, engineering companies and shipyard, exploration and production of this Madura Block in Indonesia, FEED, floating production storage and offloading (FPSO) vessel., Floating Production Unit (FPU), FPSO, FPU contract, Front End Engineering and Design (FEED), Husky and CNOOC and Samudra, Husky technical requirements and process performances, Indonesian Government, invited to bid ITB for the construction of the floating production unit FPU, low sulfur content, Madura BD, Madura block, Madura gas fields, Madura MDA-MBH FPU, Madura phase-2, Madura Phase-3, Madura projects, Madura Strait of Indonesia offshore East Java, MAX field, MBF field, MBJ MCA and MDK fields, MCA and MDK gas fields, MDA and MBH liquid-rich gas fields, MDA-MBH fields, natural gas and condensate, Natural Gas Liquids (NGL), Production Sharing Agreement (PSA), PSA, Singapore-registered Samudra Energy (Samudra), state-owned China National Offshore Oil Corporation CNOOC, Surabaya in East Java, welhead platform construction
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Posted in One day - One News, One day - One Project | Leave a comment
Petrobras Jupiter FPSO to learn from Lula development Petrobras and its partner, Galp Energia (Galp) from Portugal, are […]
Read moreTags: associated gas and condensate, barrels oil equivalent (boe), BOE, carbon dioxide (CO2), crude oil, enhanced oil recovery (EOR), EOR, floating processing, FPSO, Galp Energia (Galp) from Portugal, gas injection techniques, Jupiter field, Jupiter North-East well, Jupiter oil and gas reserves, Jupiter reservoir, Lula giant offshore pre-salt field, Lula the giant pre-salt field, natural gas, Petrobras strategic plans, pilot project in Lula to re-inject the CO2 in the reservoir, pre-salt fields, Rio de Janeiro on the Brazilian shore, Santos Basin, storage and offloading (FPSO) vessels, ultra deep reservoir, ultra-deep water conditions, water flooding techniques, well 1-BRSA-559A
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Posted in One day - One Project | Leave a comment
Houston Offshore to complete Sea Lion pre-FEED work The Texas-based Houston Offshore Engineering (Houston Offshore) is currently completing […]
Read moreTags: capital expenditure, conceptual study, crude oil and natural gas reservoirs, drilling operations, farm-out agreement Premier Oil and Rockhopper, FEED, floating production storage and offloading (FPSO) vessel., FPSO, FPSO vessel, Front End Engineering and Design (FEED), Houston Offshore pre-FEED, oil and gas field, pre-front end engineering and design (pre-FEED) work, Premier Oil operator, production assets, production licences PL032 and PL033 in the North Falklands Basin, Sea lion exploratory well, Sea Lion oil and gas discovery, Sea Lion Phase-1, Sea Lion project offshore the Falklands Islands, tension legs platform TLP, Texas-based Houston Offshore Engineering (Houston Offshore), TLP, topsides, UK companies Premier Oil plc (Premier Oil) and Rockhopper Exploration plc (Rockhopper), water depth Sea Lion, wells North Falklands Islands Basin
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Posted in One day - One Project | 2 Comments
QGPE called for two tenders in view of Atlanta FPSO The development of the Block BS-4 is now […]
Read moreTags: Atlanta and Oliva field, Atlanta FPSO, Atlanta heavy crude oil project, Atlanta joint venture, Barra Energia (Barra), bidders, Brazil government, call for tenders, development of the Block BS-4, Extra Heavy Crude Oil, FEED, Floating production storage and offloading (FPSO) vessels, FPSO, front end engineering and design (FEED) work, Genesis Oil & Gas Consultants Ltd (Genesis), offshore exploration and production post-salt and pre-salt, OGX, Oleo e Gas Particiaçoes OGX-OGP, Petrobras, PMC, project consultancy services, Quieroz, Quieroz Galvao Exploration and Production QGEP, return on capital employed (ROCE), Santos Basin offshore Brazil, shipyards FPSO, Technip
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Posted in One day - One Project | Leave a comment
Giant Pao de Acucar in Block BM-C-33 reaches FEED The giant discovery Pao de Acucar and its adjacent […]
Read moreTags: associated gas, Block BM-C-33 pre-salt, Brazil, Brazilian shore, Call for Tender, Campos Basin, Campos Basin offshore Macae, Central Processing Facility, China Petroleum and Chemical Corporation, CPCC, CPF, Engineering companies, Esperito Basin, Exploration and Production, feasibility study, FEED, Floating production storage and offfloading, Floating production storage and offfloading vessel, FPSO, FPSO vessel, front end engineering and design, gas, gas export pipeline, Gavea, Gavea field, hydrocarbons, joint venture, KBR, light crude oil, Macae, Macae gas treatment facilities, National Oil Companies, natural gas, NOC, Norway, offshore platform, offshore production unit, Onshore gas central processing facility (CPF), Operator, Pao de Acucar, Pao de Acucar discovery, Pao de Acucar offshore platform, Petrobras, pre-salt offshore oil and gas fields, Promon, Repsol, Repsol-Sinopec, Repsol-Sinopec Brazil, San Paolo, Santos Basin, Seat, Seat and Gavea fields, Seat reservoir, Sinopec, Spain, SPAR, State of Rio de Janiero, Statoil, Tension Leg Platform, TLP, ultra deep water fields, water depth, WorleyParsons
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Posted in One day - One Project | Leave a comment
Sevan completed Bream-Mackerel FPSO pre-FEED The London-based junior company Premier Oil Limited (Premier Oil) and its partners, the […]
Read moreTags: 2C reserves, agreement, barrels of oil equivalent, BG Group, Block 17/12, BOE, Bream, Bream and Mackerel FPSO, Bream and Mackerel oil and gas fields offshore Norway, conceptual design, engineering company, FEED, Floating Production Storage and Offloading, FPSO, FPSO Sevan 650, FPSO storage capacity, front end engineering and design, FTSE, FTSE-listed, gas, joint venture, KUFPEC, Kuwait company, Kuwait Foreign Petroleum Exploration Company KSC, licenses PL406 and PL407, London, Mackerel, NCS, Norway, Norway continental shelf, offshore, Operator, Phillips Petroleum Company, PL406, pre-FEED, pre-Front End Engineering and Design, Premier Oil, Premier Oil Limited, production license PL 407, Sevan Marine, storage capacity, Teekay, Teekay Corporation, Tullow, Tullow Oil, UK, water depth, working interest
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Posted in One day - One Project | Leave a comment